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India Nippon Electricals Limited

India Nippon Electricals Limited

NSE: INDNIPPON
Auto PartsConsumer CyclicalSMALL CAPMCap ₹2.61k Cr
₹1,153.70₹8.60 (+0.75%)

Market Closed • NSE

Market cap₹2.61k Cr
Enterprise value₹2.42k Cr
P/E TTM22.69
Forward P/E47.11
P/B3.18
EPS TTM₹50.84
Forward EPS₹24.49
ROCE17.00%
D/E0.23
Dividend yield0.01%
Face value₹5.00
52W high₹1,564.00
52W low₹675.00
Price chart(1Y)
1Y Return:+29.59% (+₹263.45)
H: ₹1,564L: ₹865
1W-4.10%
1M-8.59%
3M-7.08%
6M+45.08%
1Y+14.33%
Today at a glance

Day range

₹1,136.40₹1,174.60

52 week range

₹675.00₹1,564.00
Volume14.5K0.31x 20D avg
Free float50.00%-69.20% volume

India Nippon Electricals Limited closed at INR1153.70 (+0.75%) on volume 0.31x its 20-day average, trading 26.23% below its 52-week high.

Technical analysis
RSI (14)40.3Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹55.28High
SMA 20₹1,228.97BEARISH
SMA 50₹1,184.08BEARISH
SMA 100₹1,112.03BULLISH
SMA 200₹946.65BULLISH
CPR bottom₹1,165.35
Pivot₹1,158.60
CPR top₹1,151.85
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +60% QoQ

2026-02-20

DIVIDEND Announced

Interim Dividend - Rs 15.50 Per Share

2025-02-21

DIVIDEND Announced

Interim Dividend - Rs 12.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.9 Cr₹2.61k Cr0.07%≤ 33%PASS
Non-halal income ratio–₹1.07k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.06k Cr₹1.07k Cr99.48%≥ 20%PASS
Receivables ratio–₹1.07k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E22.6926.80
Forward P/E47.11—
P/B3.182.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield4.403.70
Growth & profitability
RevenuePAT
FY24PAT margin 8.10%
FY25PAT margin 9.70%
FY26PAT margin 10.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+8.10%
Revenue CAGR 5Y+8.10%
PAT CAGR 3Y+10.70%
PAT CAGR 5Y+13.50%
Operating margin8.81%
Net margin10.01%
Financial health & cash flow
Net debt–Moderate
Interest coverage193.50xEBIT / interest
CFO / PAT0.43x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹40.3 Cr
Capital expenditure–
Free cash flow₹-188.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall78/100
Valuation60/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 17.0%

Low Debt Profile: Debt-to-Equity is comfortable at 0.23x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Auto Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.47%Institutional holding
29.14%Public holding
5Periods available
0.00%Promoter pledged
22.99KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
20 Feb 2026Dividend₹15.50 / share—20 Feb 2026
21 Feb 2025Dividend₹12.50 / share—21 Feb 2025
—Annual General MeetingAnnual General Meeting—11 Sept 2024
23 Feb 2024Dividend₹10.25 / share—23 Feb 2024
—Annual General MeetingAnnual General Meeting—13 Sept 2023
24 Feb 2023Dividend₹9.25 / share—24 Feb 2023
—Annual General MeetingAnnual General Meeting—13 Sept 2022
22 Feb 2022Dividend₹6.25 / share—21 Feb 2022
—Annual General MeetingAnnual General Meeting—08 Sept 2021
09 Apr 2021Dividend₹6.00 / share—08 Apr 2021
—Annual General MeetingAnnual General Meeting—11 Sept 2020
26 Mar 2020Dividend₹3.75 / share—24 Mar 2020
20 Feb 2020Dividend₹3.00 / share—18 Feb 2020
—Annual General MeetingAnnual General Meeting—08 Aug 2019
15 Apr 2019Dividend₹4.00 / share—12 Apr 2019
22 Feb 2019Dividend₹3.00 / share—21 Feb 2019
—Annual General MeetingAnnual General Meeting—16 Aug 2018
18 May 2018Dividend₹3.50 / share—17 May 2018
22 Mar 2018Dividend₹10.00 / share—21 Mar 2018
09 Feb 2018Dividend₹6.00 / share—08 Feb 2018
—Annual General MeetingAnnual General Meeting—14 Aug 2017
12 Apr 2017Dividend₹6.00 / share—11 Apr 2017
08 Feb 2017Dividend₹4.00 / share—07 Feb 2017
—Annual General MeetingAnnual General Meeting—18 Aug 2016
07 Apr 2016Dividend₹5.00 / share—06 Apr 2016
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)42.06%-8.93% latest vs average
Highest delivery50.62%on 06 Oct
Average volume (20D)47.1KTrading-session average
Conviction trendWeakening-8.93% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About India Nippon Electricals Limited
India Nippon Electricals Limited

India Nippon Electricals is a manufacturer of Ignition Systems for two-wheelers, three-wheelers, and portable engines [1] It was incorporated in 1984 and was converted into a joint venture in 1986 between Lucas Indian Service Ltd, a wholly-owned subsidiary of Lucas-TVS Ltd and MAHLE Electric Drives Japan Corporation(Japan) – a company of MAHLE Group [2]

IndiaConsumer Cyclical

Questions investors ask
Is India Nippon Electricals Limited Shariah compliant?

India Nippon Electricals Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.07%) complies with AAOIFI threshold (≤ 33%).

What is India Nippon Electricals Limited's current valuation relative to peers?

India Nippon Electricals Limited trades at a P/E of 22.7x compared to the sector median of 26.8x, and a Price-to-Book of 3.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.23x. Interest coverage is 193.5x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 8.1% while net profit growth averaged 13.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.